For the $51,182 million reported as \"common stock and additional paid-in capita

Question

For the $51,182 million reported as "common stock and additional paid-in capital," what portion is common stock and what portion is additional paid-in capital?

Round to the nearest million.

Preferred stock, no par value: 5 shares authorized; none issued and outstanding $ - Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 6,917 and 6,973 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively 51,182 Retained earnings 19,396 Accumulated other comprehensive income (326) Total Cisco shareholders' equity 70,252 Noncontrolling interests (1) Total equity $70,251

Explanation / Answer

Number of shares issued and outstanding on July 30, 2016 = 6,917
Number of shares issued and outstanding on July 25, 2015 = 6,973

Total Number of shares issued and outstanding = 6,917 + 6,973
Total Number of shares issued and outstanding = 13,890

Par Value of Common Stock = $0.001

Value of Common Stock = 13,890 * $0.001
Value of Common Stock = $13.89

Additional Paid-in Capital = Common Stock and Additional Paid-in Capital - Common Stock
Additional Paid-in Capital = $51,182 - $13.89
Additional Paid-in Capital = $51,168.11

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